Dec 15, 2010 16:01 ET
SMC Recordings Inc. Announces Ron Artest’s New Label Deal, Set to Create Winning Team
SAN FRANCISCO, CA–(Marketwire – December 15, 2010) – SMC Recordings Inc. (PINKSHEETS: SMCE) announces a new partnership with Ron Artest, star player for the Los Angeles Lakers and his label, Artest Media Group. Under this new partnership the successful independent label SMC Recordings and Artest Media Group will be creating a stellar roster.
Ralph Tashjian, CEO for SMC Recordings, is very proud to announce their new partnership with Artest Media Group. He goes on to say “Partnering with Ron Artest and his Artest Media Group puts us in an incredible position for acquiring new artists. Ron’s passion for the music and entertainment business, as well as his incredible reach to already established Hip Hop acts, makes this a perfect marriage.”
SMC Recordings and Artest Media will be marketing the existing artists already signed to Artest Media as well as jointly pursuing established Hip Hop acts. Ron Artest launched Tru Warier Records in 2002, named after a nickname he received growing up in the Queensbridge projects in New York. Living in the heart of the birthplace of Hip Hop, music became just as much a driving force for him as basketball. Recently, Artest Media Group and http://www.RonArtest.com was created as a multi-media platform to encompass all of Ron’s entertainment endeavors.
“I am really happy to partner with SMC, this will be my first real shot of getting the music of myself and my new artists out,” Artest shared. “I love music and I love my fans so I am looking forward to sharing this with them.”
“Ron Artest’s passion for music is insatiable. He is focused on and dedicated to winning and this is a simple extension of that attitude. Myself and Fontana Distribution are looking forward to strengthening our partnership with SMC as a result of working with Mr. Artest and ensuring we continue to win in the marketplace,” said Ron Spaulding, President of Fontana Distribution.
From overcoming his tumultuous childhood to the controversy that has swirled around him throughout his career; Artest has always championed adversity. With this new team and strong focus on music, he is ready to win big again.
Look out for some big artists announcements from Artest Media/SMC Recordings in the coming months.
For more info on SMC Recordings visit http://www.smcrecordings.com
About SMC Recordings:
Established in March of 2005, SMC Recordings is home to independent music and artists. Based in San Francisco, CA, the company’s prized accomplishment is its unique philosophy of artist development, where artists are encouraged to participate with the label from inception through maintenance of their careers. This innovative structure has garnered industry veterans to join the company and aid in its growth. SMC is distributed by Fontana, the indie distribution subsidiary of Universal. The Company is a small company and has long-emphasized a strong loyalty to its artists and their careers. The Company believes that may serve to better allow the Company to maintain and enhance its ability to attract and retain creativity and expansion opportunities in the music industry.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company’s expectations.
Contact:
Ron Taylor
Investor Relations Division
SMC Recordings
415-746-6482

Ralph Tashjian: “We are ecstatic about the reaction the Rakim video is generating despite taking what we felt was an unorthodox marketing approach to its release. It is indeed creating an enormous stir in the urban music industry, far exceeding the expectations of the SMC marketing team.”

SAN FRANCISCO, CA–(Marketwire – 11/05/10) – SMC Recordings Inc. (otcMarket ticker: SMCE) San Francisco based independent Hip-Hop/Rap Label today announced that the audit of its fiscal year 2009 and 2008 financial statements have been finalized.

“The company’s focus was to ensure that the 2008 and 2009 audits were complete and made available to its shareholders and potential investors. Profitability and transparency remain one of the key cornerstones of the company’s corporate policy”, states Ralph Tashjian, CEO for the Company,

The Company on November 2nd published its Annual Audited Report containing its audited fiscal 2009 and 2008 financial statements, with a report from its independent registered public accounting firm expressing an unqualified opinion regarding the company’s audited financial statements on the OTC Disclosure and News Service.

In making the announcement, David Newberg, CFO for the Company, states, “The initial audit of a Company is a long and exhausting process, but once done it creates a financial foundation that increases our credibility and steadies the Company while providing our shareholders and potential investors with the visibility they require into our operations”.

As the CEO of SMC Recordings I wanted to share with you some exciting artists and projects we are working on. Also, I have included some past press releases. Please come and visit me for future updates.

SMC CEO Ralph Tashjian: “This re-vamping of our existing agreement is extremely significant as we have proven to be a fruitful partner to Fontana. Their increased support has given us the ability to move forward with the economic stability required in pursuit of big name talent. We have enjoyed great success recently and this positions us to continue on that road.”